Also having this issue
Running Windows 7 Home Premium
Direct X 11
10 G Ram
3.4 Ghz AMD processor 64 bit
ATI HD 5770 dual link graphics - 60hz seems to be the only rate available.
2 HP HPS 2331 monitors.
I get the same exact scenario as described here. The menu shows up. when play is pressed, the NWN logo splash screen appears and then it shuts down.
I have also tried running in nearly all compatibility modes, with and without running as administrator, also at various different resolutions. Installed patch 1.69, etc.
Here is the error that appears on the event log for it.
Faulting application name: nwmain.exe, version: 188.8.131.52, time stamp: 0x486cfadc
Faulting module name: atioglxx.dll, version: 184.108.40.20606, time stamp: 0x4b73700e
Exception code: 0xc0000005
Fault offset: 0x00030cf0
Faulting process id: 0x4bc
Faulting application start time: 0x01cb258fc2b04295
Faulting application path: C:\NeverwinterNights\NWN\nwmain.exe
Faulting module path: C:\Windows\system32\atioglxx.dll
Report Id: 02d280e3-9183-11df-9afd-1cc1de50bd80
Hope this helps, I would really like to be able to play this game.